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Monopoly firms have a downward sloping curve in the short-run because a. They have no close substitutes b. There are no barriers to entry c
Monopoly firms have a downward sloping curve in the short-run because
a. They have no close substitutes
b. There are no barriers to entry
c .they have no cost advantage over their rivals
d. None of the above
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Classics In Game Theory
Authors: Harold William Kuhn
1st Edition
1400829151, 9781400829156
